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Yep, an MBA Isn’t for Everyone
Posted at Jul 3rd, 2009 in Business
The milieu of the MBA and Wall Street geniuses haven’t suddenly lost its worth, but they have most definitely been diminished by the global financial crisis. Not anymore are they the only choices for the best of the best. People are commencing to thinking about old-fashioned online Business Degrees like before.
In the past, if you desired to earn money for yourself, you didn’t just go and start a company. You moved to New York or London. You starting moving stocks around in tiny increments. You played with crazy numbers that had no connection to the market, because they’d been “worked over” so many times as to be unrecognizable.
Let’s Go Back to Basics, Shall We?
But today, is that the ideal way, still the path that the fresh, eager worker is going to take? Probably not. In fact, we’re going to see a big jump in Business Degree interest–legitimate, start-your-own business. So this is the best period to take your chance.
The top minds, the very people who would historically–if investment banking hadn’t changed everything–go on to begin successful businesses after university, they’ve all just finished a range of Wall-Street-geared university programs that are going to have to be re-fitted in a world finance market that has no jobs for them.
Why Today is More Opportune Than Ever
To put it bluntly, there has never been a more opportune time to be in business. There have been easier times, of course, but if you look back at the great depression, many of the world’s most solid, long-lasting firms were borne out of the uncertainty of that decade.
So: if you’ve been mulling over a business degree, don’t sit around until everyone is full of optimism and the market is newly saturated with entrepreneurs. Job losses have been at record highs for months. Literally tens of thousands of people, very qualified people, are out of a job. You can take full advantage of this.
What the Eventual Recovery Will Depend On (Hint: It Has Something to do With You)
When the recovery hits in full force, it’s going to depend mainly on the ingenuity of actual businesspeople doing actual work, not just engineering numbers designed to make huge profits.
So go: you’re already researching the feasibility of a business degree. Keep going. There’s never been a better period. The market isn’t going to stay difficult forever, and when it eventually restarts, you want to be in the ideal place to profit from the benefits of your forethought. Research a degree, start working, and go!
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